Steve Ells is a notable figure in the restaurant industry, best known for founding Chipotle Mexican Grill in 1993, which introduced the concept of "food with integrity." With a Bachelor of Arts degree in English from the University of Colorado...

Current Market Cap

$80.77B

Number of Employees

116.07K

Total Compensation

2012 - 2016

Trending down by -88.00% last year
Showing total compensation for the last 2012 - 2016

Stock

Down by -100.00% last year

Salary

Up by 0.92% last year

Bonus

Up by 0.00% last year

Other

Down by -57.30% last year

Year

2016

Total Compensation

$1.66M

Salary

$1.54M

Board Justification

The compensation philosophy emphasizes performance and accountability, aligning executive compensation with shareholder interests and rewarding achievement of strategic goals.

Bonus

$0.00

Board Justification

Due to underperformance against the AIP performance metrics in 2016, no AIP bonuses were awarded to executive officers, including the CEO.

Other

$120.36K

Board Justification

Includes matching contributions to retirement plans and other benefits.

Restricted Stock

$0.00(0 Performance Shares)

Board Justification

No stock awards vested in 2016 as the performance metrics were not met, resulting in zero realizable value for the performance share awards.

Performance Metrics

Performance metrics for 2016 included company performance factors, team performance factors, and individual performance factors, with a final company performance factor of 0% due to significant underperformance.

SEC Filing

From March 30, 2017

Steve Ells

Founder and Ex-CEO of Chipotle Mexican Grill

SE

Education

Bachelor of Arts in English from the University of Colorado Boulder

Field of Expertise

Business & Management

Born

September 15, 1963 - 61 years ago

Is Founder?

Yes

Tenure

10 years 11 months (Jan 2006 - Dec 2016)

Previous Experience

Founder, Chairman and Co-Chief Executive Officer of Chipotle Mexican Grill, Inc.